The principle of a corporation was for it to act as a person, in such that if the corporation incurred debts, none of its owners would be liable. They would liquidate the assets of the corporation, and if that didn't cover the debts then things would get complicated, but the owners wouldn't be liable. They just wouldn't have the corporation anymore.
I've heard that there is a corporation running for senate now. The trick, I suppose, is that while they may be considered persons, they are not considered citizens, and thus do not have any legal rights above basic human rights. However, they are also not considered humans, so they don't have human rights either, which is why you can liquidate their assets and erase them from existance. The only rights a corporation has is to own property and certain other legal rights as attributed by law specifically to 'persons'.
Laws are muddy and complicated. Ultimately they're unspecific and that's what judges and juries are for, to determine the meaning of laws in context.
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I've heard that there is a corporation running for senate now. The trick, I suppose, is that while they may be considered persons, they are not considered citizens, and thus do not have any legal rights above basic human rights. However, they are also not considered humans, so they don't have human rights either, which is why you can liquidate their assets and erase them from existance. The only rights a corporation has is to own property and certain other legal rights as attributed by law specifically to 'persons'.
Laws are muddy and complicated. Ultimately they're unspecific and that's what judges and juries are for, to determine the meaning of laws in context.
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